Oxford Lane Capital Corp. (NASDAQ:OXLCM – Get Free Report) declared a monthly dividend on Thursday, November 5th. Stockholders of record on Friday, February 12th will be paid a dividend of $0.1719 per share on Friday, February 26th. This represents a $2.06 annualized dividend and a dividend yield of 8.4%. The ex-dividend date of this dividend is Friday, February 12th.
Oxford Lane Capital Trading Down 0.7%
Shares of NASDAQ:OXLCM opened at $24.62 on Friday. Oxford Lane Capital has a 52-week low of $24.35 and a 52-week high of $25.48. The company has a fifty day moving average of $24.94 and a 200-day moving average of $25.00.
About Oxford Lane Capital
Oxford Lane Capital Corp. is a publicly traded, closed-end investment company focused primarily on collateralized loan obligation (CLO) securities. Its portfolio consists mainly of CLO equity and junior debt tranches, which represent different levels of risk and potential returns within CLO structures.
CLOs typically hold diversified portfolios of senior secured loans, largely to below-investment-grade companies. Oxford Lane’s investments therefore provide exposure to the leveraged-loan market, primarily in the United States.
Oxford Lane Capital is externally managed by Oxford Lane Management, LLC.
Read More
- Five stocks we like better than Oxford Lane Capital
- Riot’s $28B Lease Shows Why Location and Contracts Matter in AI
- These 3 Underperforming Stocks Are Seeing Notable CEO Insider Trades
- GE Aerospace Has a $170 Billion Backlog, But Is the Stock Worth the Premium?
- Google’s Credit Backstop May Be TeraWulf’s Biggest Advantage
Receive News & Ratings for Oxford Lane Capital Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Oxford Lane Capital and related companies with MarketBeat.com's FREE daily email newsletter.
